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Omicron Seen Slowing India’s Policy Normalization Path

  • India’s central bank seen keeping key policy rate steady
  • Governor faces price pressures along with new risks to growth
Shaktikanta Das

Shaktikanta Das

Photographer: Kanishka Sonthali/Bloomberg

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The Reserve Bank of India will likely keep its key lending rate at a record low for a ninth straight meeting, with a new virus variant seen as the latest threat to the central bank’s efforts to return policy to normal.